Career Training Smart Option Student Loan®

If you're a qualifying student who's attending a non-degree-granting institution for career training, our Career Training Smart Option Student Loan can help finance your education with competitive interest rates and a choice of repayment options.

Additional private student loan information for undergraduates

As an undergraduate student, you have a lot on your mind — whether it's moving away from home and adjusting to college life, or studying hard to make those grades. Moreover, many students first get involved with major finances — such as student loans — during their undergraduate years, adding to the responsibility of being a college student.

Sallie Mae helps simplify the process of financing an undergraduate education, with a selection of competitive private student loans. With loan features such as competitive interest rates, full education coverage, a choice of repayment-options, and rewards for paying loans on time, you can worry less about financing your education — and invest more of your energy towards being a student.

Have questions?

Get help deciding which loan is right for you.
Call us at (877) 279-7172(877) 279-7172

A cosigner can help you qualify
If a parent or other creditworthy individual cosigns the loan with you, it may help lower your interest rate - and give you a better chance of approval.

Cosigner release available
After graduation a borrower may apply for their cosigner to be released from the loan once they have made 12 consecutive, on-time principal and interest payments and meet certain credit requirements.

Encouraging Responsible Borrowing

Sallie Mae has helped more than 30 million Americans pay for college since 1972. We encourage students and families to supplement their savings by exploring grants, scholarships, federal and state student loans, and to consider the anticipated monthly payments on their total student loan debt and their expected future earnings before considering a private education loan.

You must attend a participating school or have attended one in an eligible prior enrollment period. You must be a U.S. citizen or a permanent resident or a Non-U.S. citizen borrower who is attending or has attended a school located in the U.S. applying with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and required U.S. Citizenship and Immigration Service (USCIS) documentation. U.S. citizens and permanent residents enrolled in eligible study abroad programs or who are attending or have attended schools located outside the U.S. are also eligible.
Applications are subject to a requested minimum loan amount of $1,000.
You must meet current credit and other eligibility criteria.

1 As certified by your school and confirmed by Sallie Mae, less other financial aid received. Sallie Mae reserves the right to approve a lower loan amount than what the school has certified.
For Smart Option Student Loans, request amounts exceeding $99,999 may require multiple loans. For Career Training Smart Option Student Loans the maximum loan amount is $75,000.

2 Interest rates for the Fixed and Deferred Repayment Options are higher than for loans with the Interest Repayment Option.
Variable rates may increase after consummation.
Interest is charged while you are in school and during the 6-month separation period.
Any interest that remains unpaid when you enter full repayment will be added to your loan balance.

3 The release of a cosigner is at the sole discretion of Sallie Mae. Only the borrower may apply for cosigner release. The borrower must provide proof of graduation or successful completion of certification program, not be delinquent and have made 12 consecutive on-time payments of principal and interest immediately before applying, provide proof of income, pass a credit review that demonstrates a satisfactory credit history and the ability to assume full responsibility of the loan(s) individually, have no student loan(s) in default, must not be reported as 90+ days delinquent in the past 24 months, must not be in hardship forbearance and/or in a modified repayment program, be a U.S. citizen or permanent resident, and meet the age of majority in their state. Requirements are as of October 13, 2014, and are subject to change.

Smart Option Student Loans and Career Training Smart Option Student Loans are made by Sallie Mae Bank or a lender partner.

Information advertised valid as of 6/25/2015.

WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.

Sallie Mae, Smart Option Student Loan, Career Training Smart Option Student Loan, and the Sallie Mae logo are service marks or registered service marks of Sallie Mae Bank or its subsidiaries.